Exploring Growth Opportunities in Global Markets
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Questions and Answers

Which of the following is an example of an ethical and social responsibility force mentioned in the text?

  • Counterfeit products
  • Exchange controls
  • Pollution
  • Payoffs and bribes (correct)

    • What can make it difficult for companies to export their products in global markets?

  • Nontariff barriers (correct)
  • Pollution
  • Differences in ethical standards
  • Free trade zones

    • What is the purpose of establishing trade barriers by countries?

  • To track down counterfeit products
  • To establish free trade zones
  • To maintain a favorable balance of trade (correct)
  • To eliminate pollution

    • Which environmental factor is mentioned as a challenge in tracking down counterfeit products?

    <p>Legal barriers</p> Signup and view all the answers

    What can affect the economic feasibility of exporting to a country?

    <p>A government's attitude towards importers</p> Signup and view all the answers

    Political, legal, and regulatory forces are independent and do not impact each other.

    <p>False</p> Signup and view all the answers

    Free trade zones eliminate all trade barriers, including tariffs.

    <p>False</p> Signup and view all the answers

    Counterfeit products are not a challenge in tracking them down.

    <p>False</p> Signup and view all the answers

    What are some examples of nontariff barriers that make it difficult for companies to export their products?

    <p>Exchange controls, free trade zones, and nontariff barriers are examples of the barriers that make it difficult for companies to export their products.</p> Signup and view all the answers

    What are some examples of ethical and social responsibility forces mentioned in the text?

    <p>Payoffs and bribes, the Foreign Corrupt Practices Act, and differences in ethical standards are examples of ethical and social responsibility forces mentioned in the text.</p> Signup and view all the answers

    What are some examples of environmental forces mentioned in the text?

    <p>Pollution and pollution are examples of environmental forces mentioned in the text.</p> Signup and view all the answers

    Global markets face exchange controls, free trade zones, and ______ barriers that make it difficult for companies to export their products.

    <p>nontariff</p> Signup and view all the answers

    Ethical and social responsibility forces include payoffs and bribes, the Foreign Corrupt Practices Act, and differences in ethical ______.

    <p>standards</p> Signup and view all the answers

    Counterfeit products and legal barriers make it challenging to track ______ down.

    <p>them</p> Signup and view all the answers

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